Lentil

Chinese Organic Lentils: Inventory Pressure Is Reduced, Prices Are Stable

Mintec Global
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Tianjin: Exporters reported that the price of organic lentils has been rising due to the significant decrease in the number of imported lentils to port recently. The pressure on traders’ inventories decreased. Therefore, domestic organic lentil traders are reluctant to sell at low prices. Domestic organic lentil sales are challenging. At present, domestic manufacturers mainly sell inventory. Domestic high-quality organic lentils entered the mid-to-high-end market. Organic lentils are priced at $1.620-1.650 per ton on the export side.

Foreign importers report that import costs are too high, and they are cautious in purchasing. At present, the sea freight rate is lower than the previous month, the difficulty of booking space is reduced, and the export situation is difficult to change in the short term. Exporters are in trouble, and importers continue to pay attention to changes in the Chinese market.

Current Market Price in China for Organic Small Lentil

Product  NameOrganic Small Lentil
Size3.0-4.5 mm
Moisture15% max
Package25kg PP bag
Purity99.5%
Loading22mt /20GP
Fob DalianUsd 1620-1650/mt
Delivery20 days after the contract

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